Shares of Capital Metals plc (LON:CMET – Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 3.50 and last traded at GBX 4, with a volume of 151856 shares traded. The stock had previously closed at GBX 3.75.
Capital Metals Stock Up 6.7%
The stock’s 50-day moving average is GBX 4.19 and its 200 day moving average is GBX 4.72. The stock has a market capitalization of £19.69 million, a PE ratio of -16.95 and a beta of 0.57.
Capital Metals Company Profile
Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Taprobane Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential.
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